Summary

Property Type Leisure / Retail
Tenure For Sale
Size 738 sq ft
Price £245,000
Rates Payable £3,792.40 per annum We understand that with business rates relief there is nothing to pay.
Service Charge n/a
  • Established takeaway business
  • Staff in situ
  • Business ledger available upon request
  • Turnover: Approx. £18,000 Per week
  • Renewable lease
  • Trading hours: 6 AM to 3 AM (All days)
  • No nearby competition

About

An excellent opportunity to acquire a highly profitable takeaway business in East London. Established for 8 years, the business operates on a dual-service model, providing both takeaway and delivery options. The current owner has been running it as a franchise for the past year, benefiting from a team of skilled chefs on sponsored visas.

The unit is fully fitted and equipped, ready for a new owner to take over seamlessly. The menu includes a variety of burgers, chicken, wraps, breakfast items, desserts, and shakes, with room for further expansion. The business is listed on JustEat, UberEATS, Deliveroo, and has its own dedicated website for online orders.

There is no nearby competition (the only takeaway within a 3-mile radius), this is a rare opportunity to capitalize on an established and successful business.

Future growth potential is significant, with approximately 30,000 new flats being built in the area in multiple phases.

There is an existing lease and franchise agreement that will be transferred to the new owner.

Business ledger available upon request.

Wraps & Wings (Walthamstow), 23 Shernhall Street, London, Leisure / Retail For Sale - Shernhall St 23  7.jpg

Accommodation

Namesq ftsq mAvailability
Unit - Ground and Basement 738 68.56 Available
Total73868.56

Location

The takeaway is positioned on a high-exposure corner in East London, benefiting from significant foot traffic. The area is densely populated, surrounded by residential buildings.

0.7 miles from the nearest train station
0.3 miles from the closest bus stop

Close to 4 schools and 3 colleges, ensuring a steady flow of online orders throughout the day.

With major residential developments underway in the area, including 30,000 new flats, this location offers long-term growth potential for a takeaway business.

Get directions from Google Maps

Wraps & Wings (Walthamstow), 23 Shernhall Street - Shernhall St 23  4.jpg

Further Information

  • Equipment Inventory

    - 11 small under-counter freezers
    - 6 tall freezers
    - Steam fryer
    - 3 microwaves
    - Coffee machine
    - Panini maker, toaster, and warmer
    - 4 tall fridges
    - 3 countertop fridges
    - Large wok with 8-pan machine
    - Additional fryer
    - Hanny Panny
    - Griller